Bitcoin continues to decline, traders are paying attention to the US-Iran talks.
Bitcoin is slightly lower, investors are waiting for the talks between the United States and Iran planned for the weekend, Meanwhile, the two-week ceasefire agreement reached has shown signs of tension. Marex analysts said in a report: "The ceasefire agreement is fragile, and the Strait of Hormuz is still restricted, everyone is watching the talks between the United States and Iran." Iran is restricting traffic through the strait due to ongoing Israeli attacks on Lebanon. After U.S. President Trump requested Israeli Prime Minister Benjamin Netanyahu to reduce the attacks, Israel has agreed to hold talks with Lebanon. According to data from the London Stock Exchange Group, Bitcoin fell 0.3% to $72,196 after touching a three-week high of $73,067 overnight. Marex expects Bitcoin to trade in a range before breaking through $73,000.
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